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Non-Tech : Any info about Iomega (IOM)?

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To: Linda Pearson who wrote (51069)3/24/1998 9:22:00 PM
From: Naggrachi  Read Replies (3) of 58324
 
Re: tax question.

Could someone kinde enough to know the answer to this question help me out here please.

I have a couple mutual funds transferred to my account from a family member. I have sold the mutual funds and I'm now working on my taxes. Here goes: What cost basis do I use? The basis that it was originally purchased or the basis on the day of the transfer?

Thanks in advance.

Zead
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